Applied Materials (AMAT) CFO sells 5,000 shares in Form 4 filing
Rhea-AI Filing Summary
Applied Materials SVP and CFO Brice Hill sold 5,000 shares of common stock in an open-market transaction. The sale occurred on February 17, 2026 at an average price of $361.2124 per share. After this sale, Hill directly holds 138,565 shares of Applied Materials stock.
This holding figure includes 85,503 performance share units and restricted stock units that convert into common stock upon vesting. According to the disclosure, 33,272 restricted stock units and 52,231 performance share units are scheduled to vest in installments in December of 2026 through 2028, with performance units vesting between 0% and 200% of the target amount based on achievement of specified performance goals and continued employment.
Positive
- None.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,000 | $361.2124 | $1.81M |
Footnotes (1)
- F1. Number of shares includes 85,503 performance share units and restricted stock units previously reported that in the future will be converted on a one-for-one basis into shares of Applied Materials, Inc. common stock upon vesting, which vesting is scheduled to occur as follows: (a) 33,272 restricted stock units are scheduled to vest in installments in December of 2026 through 2028, and (b) 52,231 performance share units are scheduled to vest in installments in December of 2026 through 2028, which number of shares is the target amount, and the actual number of shares that may vest ranges from 0% to 200% of the target amount, depending on achievement of specified performance goals (all vesting is subject to continued employment through each applicable vesting date).
FAQ
What did Applied Materials (AMAT) CFO Brice Hill report in this Form 4?
What equity awards are included in the Applied Materials (AMAT) CFO’s reported holdings?
When are the Applied Materials (AMAT) CFO’s restricted stock units scheduled to vest?
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